Summary - October 18. A pivotal day for $ECOX
Post# of 4998
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Posted On: 10/18/2018 4:19:48 PM
Summary - October 18.
A pivotal day for $ECOX with a few long-term bidders who had been looking to increase their inventory of shares for trading in the .3 to .6 gap - who had been outbidding each other for days at increasingly higher levels in the .1600 to .1900 range but were only getting insignificant fills from the daily basher / manipulator paint downs - decided to hit the ask before it was too late.
This resulted in the trading in the .2500 to .2887 range already reported in earlier updates.
Overall, 26,616 was bought today - the only change from the report posted an hour before the close being yet another manipulation attempt to paint it down with 1 share at .2500 at 14:58:09.
At the close, there was around 7K shown as left at .2800 and only about 22K total being offered below the .3+ break.
The top bid shown was 8K+ at .25.
At these higher price levels, minimum shares to be shown on bid / ask are at the discretion of individual MMs. The current settings still appear to be 5K on the bid and 2.5K on the ask.
The amateur end of the trader spectrum is still tied up in MLHC which traded another 438M today making 4 Billion plus in 5 days - this is sucking so much cash out of the OTC market at present that numerous much better, no brainer, thin to the upside, off-the-bottom stocks are not getting the attention they deserve. The higher the savvy traders get the better no brainers - including ECOX - before the those trading MLHC get their cash back and start looking for movers the better. It would be ideal if we can get to the .6 level where the company shares are before then.
Items below the line unchanged from the previous summary - included for new followers:
$ECOX Rolling Brief at sticky #3293.
https://investorshangout.com/post/view?id=5219347
Key Points from the Disclosure filed on September 12 at # 3218.
https://investorshangout.com/post/view?id=5206835
The main point to remember is that over 300,000 shares were bought on Aug 28 and Aug 31 by savvy traders who saw the opportunity to have an inventory of shares to trade in the .2 > .5 range.
We now have the added bonus that we know from the filings that the new company President and his funding partner paid .5/.6 and so have the vested interest in getting the price past there towards $1.
That's why I believe we may see a PR campaign soon.
Well done everyone who held during the reverse split - particularly if you also joined in the loading at .1 equivalent on August 28.
As previously stated, $ECOX should be thin to the upside with most traders wanting to spin out their holdings of .1s > .2s to trade in the .2 > .5 range for 100% to 400% profit since most holdings above were buys at the equivalent of .4/.5/.6 (and those holdings have all been divided by 1000 now). See analysis here: https://investorshangout.com/post/view?id=5216669
The TA continues to update the Verified Company Profile in a timely manner monthly - the latest update is as at September 28, 2018.
Ahead watch out for:
- First formal PR.
- Any new website.
- Any new Twitter / Facebook account.
- 2018 Q3 financials.
A pivotal day for $ECOX with a few long-term bidders who had been looking to increase their inventory of shares for trading in the .3 to .6 gap - who had been outbidding each other for days at increasingly higher levels in the .1600 to .1900 range but were only getting insignificant fills from the daily basher / manipulator paint downs - decided to hit the ask before it was too late.
This resulted in the trading in the .2500 to .2887 range already reported in earlier updates.
Overall, 26,616 was bought today - the only change from the report posted an hour before the close being yet another manipulation attempt to paint it down with 1 share at .2500 at 14:58:09.
At the close, there was around 7K shown as left at .2800 and only about 22K total being offered below the .3+ break.
The top bid shown was 8K+ at .25.
At these higher price levels, minimum shares to be shown on bid / ask are at the discretion of individual MMs. The current settings still appear to be 5K on the bid and 2.5K on the ask.
The amateur end of the trader spectrum is still tied up in MLHC which traded another 438M today making 4 Billion plus in 5 days - this is sucking so much cash out of the OTC market at present that numerous much better, no brainer, thin to the upside, off-the-bottom stocks are not getting the attention they deserve. The higher the savvy traders get the better no brainers - including ECOX - before the those trading MLHC get their cash back and start looking for movers the better. It would be ideal if we can get to the .6 level where the company shares are before then.
Items below the line unchanged from the previous summary - included for new followers:
$ECOX Rolling Brief at sticky #3293.
https://investorshangout.com/post/view?id=5219347
Key Points from the Disclosure filed on September 12 at # 3218.
https://investorshangout.com/post/view?id=5206835
The main point to remember is that over 300,000 shares were bought on Aug 28 and Aug 31 by savvy traders who saw the opportunity to have an inventory of shares to trade in the .2 > .5 range.
We now have the added bonus that we know from the filings that the new company President and his funding partner paid .5/.6 and so have the vested interest in getting the price past there towards $1.
That's why I believe we may see a PR campaign soon.
Well done everyone who held during the reverse split - particularly if you also joined in the loading at .1 equivalent on August 28.
As previously stated, $ECOX should be thin to the upside with most traders wanting to spin out their holdings of .1s > .2s to trade in the .2 > .5 range for 100% to 400% profit since most holdings above were buys at the equivalent of .4/.5/.6 (and those holdings have all been divided by 1000 now). See analysis here: https://investorshangout.com/post/view?id=5216669
The TA continues to update the Verified Company Profile in a timely manner monthly - the latest update is as at September 28, 2018.
Ahead watch out for:
- First formal PR.
- Any new website.
- Any new Twitter / Facebook account.
- 2018 Q3 financials.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.